Question: Formulate a chase sales and operations plan for a company with the following predicted demand: The beginning workforce is 125 employees. The monthly output per
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The beginning workforce is 125 employees. The monthly output per employee is 150 units. The costs to hire and lay off a worker are $2500 and $4000, respectively. The cost to carry an item in inventory for one month is estimated at $10, and the stockout cost is $25 per unit. Show the production schedule, the inventory levels, and the changes in workforce from period to period. Compute the plan€™s cost.
Month 1 Total Demand 7500 9000 6000 9000 15.000 6000 52,500
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Month 1 2 3 4 5 6 Total Demand 7500 9000 6000 9000 15000 6000 52500 Prod... View full answer
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